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Sunday, May 5, 2024

The price of basic food has grown by 50% more than the average wage in the last five years

Andorra la VellaThe rise in food prices has been a hot topic in recent months due to increases. As he has explained RTVA, taking into account basic consumer foods such as oil, rice, milk, bread or meat, the cost has increased by 60% since 2019. For example, the liter of olive oil has passed from 5.79 euros to 11.95. However, it is necessary to take into account the increase in wages that has occurred in the same period of time. The average salary for the whole of 2018, to take a reference salary that is not conditioned by extra payments, was 2,111 euros and that of November 2023 was 2,351 euros. In other words, wages have increased by 11.37% while the cost of basic food has risen by around 60%.

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